Vincent Haynes

Experience

• 

  Washington University School of Medicine in St. Louis

  Oct 2009 - Oct 2010

  Community Development Intern

  Reviewed and analyzed proposals for development in the Forest Park Southeast Neighborhood.

• 

  St. Louis Development Corporation

  Oct 2010 - Feb 2014

  Commercial District Manager

  Managed the Façade Program in seven Aldermanic wards in the city of St. Louis by working with neighborhood stakeholders to deploy CDBG funding to subsidize the renovation of historic commercial, buildings and to fund the production of neighborhood-level infrastructure projects.

• 

  U.S. Bank

  Feb 2014 - Jul 2019

  Promoted to underwrite and manage a $75MM+ commercial debt portfolio consisting of Middle Market companies and non-profits in the St. Louis region.Facilitated the credit approval process by structuring and negotiating legal agreements for new and prospective credit facilities, drafting term sheets for prospective deals, analyzing financial statements and collateral to risk rate and to project the operating performance of borrowers and preparing quarterly and annual credit memos for credit committee review.Completed formal credit training at the Risk Management Association including: Accounting for Bankers, Structuring Commercial Loans and the Lending Decision Process. Show less Managed a portfolio of NMTC and HTC equity investments in the United States with $75MM+ in credit exposure.Worked as a liaison between internal departments and transactional partners to evaluate and mitigate the NMTC compliance risk by leading the credit approval of deal modifications in collaboration with our internal credit committee, borrowers and counsel, conducting site visits with CDE partners and analyzing financial and compliance reporting to prepare reports for senior management.Performed due diligence in HTC transactions, post-closing including: HTC equity disbursement review with the construction monitoring team and consultants, review and collection of priority returns, facilitation of project site visits with developers and quarterly collateral analysis and financial analysis of managed assets to produce quarterly reports for management. Show less

  • Commercial Banking Portfolio Manager, Middle Market Commercial Banking

    Sept 2016 - Jul 2019

  • Asset Manager, New Markets Tax Credits and Historic Tax Credits

    Feb 2014 - Sept 2016
• 

  McCormack Baron Companies

  Jul 2019 - Sept 2020

  Portfolio Manager, New Markets Tax Credits

  Underwrote NMTC transactions by analyzing the financial strength and capacity of the borrower and guarantor(s), made recommendations for deal structure and reporting to deal team, reviewed legal documents, analyzed pre-incurred project costs and projected community impacts and drafted credit memos. Reviewed proposals from consultants and evaluated the feasibility of NMTC projects and their projected community impacts, created the investment pipeline in collaboration with consultants for two NMTC application rounds (winning for 2020), drafted and issued term sheets and fee disclosures to borrowers and administered the CDE Advisory Board in collaboration with CEO.Managed the risk of a $170MM+ QLICI portfolio by working closely with Investors, QALICBs, CDEs and other third parties to onboard the deal, collect and disseminate compliance and financial reporting, review construction draws, conduct site visits, review deal modifications and facilitate deal exits. Show less

• 

  JPMorgan Chase & Co.

  Oct 2020 - Dec 2021

  Portfolio Associate, New Markets Tax Credits

  Underwrote NMTC transactions by spreading and analyzing financial statements of the Sponsor analyzing the capital stack and drafting credit memos. Worked closely with internal departments, NMTC bankers and the Sponsor team to draft and manage the closing flow of funds, reviewed the environmental and plan and cost review of deals and opened bank accounts. Managed the risk of a $200MM+ portfolio as the managing member of Chase-owned investment funds. Reviewed and collected leverage loan payments, collected compliance and financial reporting from CDEs and QALICBs and lead the closings of deal exits with the borrower, CDE(s) and counsel. Show less

• 

  Fifth Third Bank

  Jan 2022 - now

  Community Development Lending Director, Vice President

  Leads business development efforts to originate LIHTC construction and permanent loans in Illinois and Michigan. Develops strategy for LIHTC loan growth in collaboration with my equity and credit teams to satisfy CRA requirements and maximize our community impact. Structures and closes $80MM of LIHTC loan transactions annually. Negotiates loan terms with developers and syndicators and conducts the initial deal underwrite. Facilitates the credit approval process and leads closing team by reviewing legal documentation, ordering and/ or coordinating collection of all third-party reports on behalf of the Bank including the plan and cost review, appraisal and environmental reports.Manages relationship with affordable housing developers as their primary point of contact at the Bank. Cross-sells bank products in collaboration with Capital Markets and Treasury Management. Leads our asset management team (Construction Loan Administration, Portfolio Management, Credit Risk and Treasury Management) throughout the life cycle of the loan (origination to exit) to ensure a positive customer experience and to mitigate repayment, compliance and reputational risk to the Bank. Show less